The repossessed Hillsboro Executive Center and a nearby lot of land in Deerfield Beach were sold for $21 million to an Atlanta area investor.
American General Life Insurance Co., which is part of AIG, seized the office park at 800 Fairway Drive in 2012 after foreclosing on a $27.5 million mortgage with AEW Capital. In September, the insurance company acquired the 1.8-acre vacant site on the east side of the building for $600,000 from Hillsboro Technology Center, an affiliate of Butters Construction… …read more
From:: biz journal foreclosures